EduLab Balance Sheet

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	1,161	1,386	1,671	3,844	6,053	10,698
Cash & Short-Term Investments	1,161	1,386	1,671	3,844	6,053	10,698
Cash Growth	-15.50%	-17.06%	-56.53%	-36.49%	-43.42%	42.19%
Accounts Receivable	931	703	800	550	1,167	1,548
Other Receivables	61	105	196	429	-	-
Receivables	992	808	996	979	1,167	1,548
Inventory	20	21	21	24	294	768
Other Current Assets	200	603	293	446	1,577	1,818
Total Current Assets	2,373	2,818	2,981	5,293	9,091	14,832
Property, Plant & Equipment	103	107	141	-	135	158
Long-Term Investments	485	450	494	719	1,192	1,394
Other Intangible Assets	281	231	19	-	1,963	2,565
Long-Term Deferred Tax Assets	-	-	6	6	51	16
Long-Term Deferred Charges	-	-	1	2	4	6
Other Long-Term Assets	2	1	2	1	1	1
Total Assets	3,244	3,607	3,644	6,021	12,437	18,972
Accounts Payable	211	206	185	261	292	457
Accrued Expenses	10	45	-	-	-	-
Short-Term Debt	200	300	100	602	1,538	1,938
Current Portion of Long-Term Debt	85	86	345	1,269	1,554	1,999
Current Income Taxes Payable	30	42	-	-	12	36
Other Current Liabilities	799	966	1,032	1,527	2,022	4,224
Total Current Liabilities	1,335	1,645	1,662	3,659	5,418	8,654
Long-Term Debt	108	128	210	410	1,894	4,022
Other Long-Term Liabilities	2	4	5	68	90	126
Total Liabilities	1,445	1,777	1,877	4,137	7,402	12,802
Common Stock	90	90	90	5,309	5,279	5,271
Additional Paid-In Capital	1,589	1,589	1,589	5,661	5,631	5,623
Retained Earnings	-202	-100	-116	-8,737	-5,632	-4,830
Treasury Stock	-19	-19	-19	-19	-19	-19
Comprehensive Income & Other	-166	-205	-183	-383	-359	-73
Total Common Equity	1,292	1,355	1,361	1,831	4,900	5,972
Minority Interest	507	475	406	53	135	198
Shareholders' Equity	1,799	1,830	1,767	1,884	5,035	6,170
Total Liabilities & Equity	3,244	3,607	3,644	6,021	12,437	18,972
Total Debt	393	514	655	2,281	4,986	7,959
Net Cash (Debt)	768	872	1,016	1,563	1,067	2,739
Net Cash Growth	1.19%	-14.17%	-35.00%	46.48%	-61.04%	192.63%
Net Cash Per Share	75.15	85.32	99.41	153.56	106.28	276.46
Filing Date Shares Outstanding	10.22	10.22	10.22	10.22	10.06	10.02
Total Common Shares Outstanding	10.22	10.22	10.22	10.22	10.06	10.02
Working Capital	1,038	1,173	1,319	1,634	3,673	6,178
Book Value Per Share	126.42	132.58	133.17	179.13	486.91	595.99
Tangible Book Value	1,011	1,124	1,342	1,831	2,937	3,407
Tangible Book Value Per Share	98.92	109.98	131.31	179.13	291.85	340.01
Order Backlog	-	375.08	334.95	402.44	413.05	528.23

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.